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  1. Newsletter 271 -30/10/2020

    Newsletters

    at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus

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  2. Greek retail sales dive 8.5 pct in May after brief rise in April
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index resumed a negative trend in May dropping by 8.5 percent... Agency (ELSTAT). Similarly, retail volume fell 3.8 percent in May from a rise of 7.1 percent posted in April. The rate of drop in May retail turnover indicates the highest negative reading since

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  3. Severe underspend covers lower revenues for end-May primary surplus

    Economy

    of 597 million euros in May compared to a target of 246 million, reducing accordingly the year... in May by 1.04 billion, reversing the 4-month slight overperformance of 68 million... of the key budget figures, revenues (before tax refunds) resumed a downward trend in May for the first

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  4. New overdue taxes rise by 235 mln in May, total debt at 104.5 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 235 million euros in May, data from... obligations from tax categories showed a rise of 193 million month-on-month in May, bringing the total... percent in May from 75.8 percent in April, while the amount of VAT due came to 1.84 billion

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  5. Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
    Photo by MacroPolis

    EconomyMacroeconomy

    of 2020, compared to a surplus of 916 million noted in May 2019, the final Finance Ministry (MoF) budget execution bulletin for May showed on Thursday. The budget for May has been widely considered... balance for May came to a deficit of 3.33 billion euros compared to a monthly deficit of 2.01

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  6. Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of 2 billion euros in May, from 1.62 billion euros in April, Bank of Greece (BoG) data showed on Thursday. In May 2021, the balance showed a deficit of 1.36 billion euros, while in May 2020 the current account posted a deficit of 911 million euros

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  7. Current account deficit narrows further in May, down by over 3 bln in first five months
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    Greece’s current deficit narrowed to 1.65 billion euros in May, from 1.78 billion euros in April, Bank of Greece (BoG) data showed on Friday. In May 2022, the balance showed a deficit of 2.08 billion euros, while in May 2021 the current account posted a deficit of 1.39 billion euros. The deficit

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  8. ND mulls next stage of lockdown easing as support remains strong despite some grumbles

    PoliticsGreek Politics

    will also be allowed. Travel to other Greek islands is due to resume from May 25. More pupils are also... and 10 pct slower. Where trouble may be brewing for New Democracy is in terms of the economy

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  9. Retail sales growth remained strong in Feb with 7.2 pct YoY rise

    EconomyMacroeconomy

    confidence is significantly lower on a 12-month rolling basis, from -42.7 points in May 2025. Retail trade... the -1.5 points of May 2025.

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  10. As imports rise, Greek C/A balance flips back to deficit in May

    EconomyMacroeconomy

    Greece's May current account (C/A) balance showed a deficit of 246.2 million from a surplus of 69.6... and ships, the trade balance in May did not show any meaningful change, while exports grew faster than... percent). Despite the weak performance posted in May, the 5-month C/A deficit shrank by 25 percent

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